83_FR_18454 83 FR 18373 - Proposed Collection; Comment Request

83 FR 18373 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 81 (April 26, 2018)

Page Range18373-18374
FR Document2018-08817

Federal Register, Volume 83 Issue 81 (Thursday, April 26, 2018) 
[Federal Register Volume 83, Number 81 (Thursday, April 26, 2018)]
[Notices]
[Pages 18373-18374]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-08817]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

    Upon Written Request Copies Available From: Securities and Exchange 
Commission, Office of FOIA

[[Page 18374]]

Services, 100 F Street NE, Washington, DC 20549-2736.

Extension:
    Form 1-K, SEC File No. 270-662, OMB Control No. 3235-0720.

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Form 1-K (17 CFR 239.91) is used to file annual reports by Tier 2 
issuers under Regulation A, an exemption from registration under the 
Securities Act of 1933 (15 U.S.C. 77a et seq.). Tier 2 issuers under 
Regulation A conducting offerings of up to $50 million within a 12-
month period are required to file Form 1-K. Form 1-K provides audited 
year-end financial statements and information about the issuer's 
business operation, ownership, management, liquidity, capital resources 
and operations on an annual basis. In addition, Part I of the Form 1-K 
collects information on any offerings under Regulation A that have been 
terminated or completed unless it has been previous reported on Form 1-
Z. The purpose of the Form 1-K is to better inform the public about 
companies that have conducted Tier 2 offerings under Regulation A. We 
estimate that approximately 24 issuers file Form 1-K annually. We 
estimate that Form 1-K takes approximately 600 hours to prepare. We 
estimate that 75% of the 600 hours per response (450 hours) is prepared 
by the company for a total annual burden of 10,800 hours (450.0 hours 
per response x 24 responses).
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden imposed by the collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information collected; 
and (d) ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a 
currently valid control number.
    Please direct your written comments to Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE, Washington, DC 20549; or send an email 
to: PRA_Mailbox@sec.gov.

    Dated: April 23, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-08817 Filed 4-25-18; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 81 / Thursday, April 26, 2018 / Notices 18373 At any time within 60 days of the 10:00 a.m. and 3:00 p.m. Copies of the procedures that the Agencies believe are filing of the proposed rule change, the filing also will be available for particularly effective in assisting Commission summarily may inspection and copying at the principal financial institutions to identify and temporarily suspend such rule change if office of the Exchange. All comments address the reputational, legal, and it appears to the Commission that such received will be posted without change. other risks associated with elevated risk action is: (i) Necessary or appropriate in Persons submitting comments are complex structured finance the public interest; (ii) for the protection cautioned that we do not redact or edit transactions. of investors; or (iii) otherwise in personal identifying information from The primary purpose of the Statement furtherance of the purposes of the Act. comment submissions. You should is to ensure that these transactions If the Commission takes such action, the submit only information that you wish receive enhanced scrutiny by the Commission shall institute proceedings to make available publicly. All institution and to ensure that the to determine whether the proposed rule submissions should refer to File institution does not participate in illegal should be approved or disapproved. Number SR–BX–2018–015 and should or inappropriate transactions. be submitted on or before May 17, 2018. The Commission estimates that IV. Solicitation of Comments approximately 5 registered broker- For the Commission, by the Division of Interested persons are invited to Trading and Markets, pursuant to delegated dealers or investment advisers will submit written data, views, and authority.13 spend an average of approximately 25 arguments concerning the foregoing, Eduardo A. Aleman, hours per year complying with the including whether the proposed rule Assistant Secretary. Statement. Thus, the total compliance change is consistent with the Act. burden is estimated to be approximately [FR Doc. 2018–08730 Filed 4–25–18; 8:45 am] Comments may be submitted by any of 125 burden-hours per year. BILLING CODE 8011–01–P the following methods: Written comments are invited on: (a) Whether the proposed collection of Electronic Comments information is necessary for the proper SECURITIES AND EXCHANGE • Use the Commission’s internet performance of the functions of the COMMISSION comment form (http://www.sec.gov/ Commission, including whether the rules/sro.shtml); or Proposed Collection; Comment information shall have practical utility; • Send an email to rule-comments@ Request (b) the accuracy of the Commission’s sec.gov. Please include File Number SR– estimates of the burden of the proposed BX–2018–015 on the subject line. Upon Written Request, Copies Available collection of information; (c) ways to From: Securities and Exchange enhance the quality, utility, and clarity Paper Comments Commission, Office of FOIA Services, of the information collected; and (d) • Send paper comments in triplicate 100 F Street NE, Washington, DC ways to minimize the burden of the to Secretary, Securities and Exchange 20549–2736 collection of information on Commission, 100 F Street NE, Extension: respondents, including through the use Washington, DC 20549–1090. Interagency Statement on Sound Practices, of automated collection techniques or All submissions should refer to File SEC File No. 270–560, OMB Control No. other forms of information technology. Number SR–BX–2018–015. This file 3235–0622. Consideration will be given to number should be included on the Notice is hereby given that pursuant comments and suggestions submitted in subject line if email is used. To help the to the Paperwork Reduction Act of 1995 writing within 60 days of this Commission process and review your (‘‘PRA’’) (44 U.S.C. 3501 et seq.), the publication. comments more efficiently, please use Securities and Exchange Commission An agency may not conduct or only one method. The Commission will (‘‘Commission’’) is soliciting comments sponsor, and a person is not required to post all comments on the Commission’s on the existing collection of information respond to, a collection of information internet website (http://www.sec.gov/ provided for in the proposed under the PRA unless it displays a rules/sro.shtml). Copies of the Interagency Statement on Sound currently valid OMB control number. submission, all subsequent Practices Concerning Elevated Risk Please direct your written comments amendments, all written statements Complex Structured Finance Activities to: Pamela Dyson, Director/Chief with respect to the proposed rule (‘‘Statement’’) under the Securities Information Officer, Securities and change that are filed with the Exchange Act of 1934 (15 U.S.C. 78a et Exchange Commission, c/o Remi Pavlik- Commission, and all written seq.) (‘‘Exchange Act’’) and the Simon, 100 F Street NE, Washington, communications relating to the Investment Advisers Act of 1940 (15 DC 20549, or send an email to: PRA_ proposed rule change between the U.S.C. 80b et seq.) (‘‘Advisers Act’’). The Mailbox@sec.gov. Commission and any person, other than Commission plans to submit this Dated: April 23, 2018. those that may be withheld from the existing collection of information to the Eduardo A. Aleman, public in accordance with the Office of Management and Budget Assistant Secretary. provisions of 5 U.S.C. 552, will be (‘‘OMB’’) for extension and approval. The Statement was issued by the [FR Doc. 2018–08816 Filed 4–25–18; 8:45 am] available for website viewing and printing in the Commission’s Public Commission, together with the Office of BILLING CODE 8011–01–P Reference Room, 100 F Street NE, the Comptroller of the Currency, the Washington, DC 20549, on official Board of Governors of the Federal Reserve System, the Federal Deposit SECURITIES AND EXCHANGE business days between the hours of COMMISSION amozie on DSK30RV082PROD with NOTICES Insurance Corporation, and the Office of Commission written notice of the Exchange’s intent Thrift Supervision (together, the Proposed Collection; Comment to file the proposed rule change, along with a brief ‘‘Agencies’’), in May 2006. The Request description and text of the proposed rule change, Statement describes the types of internal at least five business days prior to the date of filing of the proposed rule change, or such shorter time controls and risk management Upon Written Request Copies as designated by the Commission. The Exchange Available From: Securities and has satisfied this requirement. 13 17 CFR 200.30–3(a)(12). Exchange Commission, Office of FOIA VerDate Sep<11>2014 16:58 Apr 25, 2018 Jkt 244001 PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 E:\FR\FM\26APN1.SGM 26APN1

18374 Federal Register / Vol. 83, No. 81 / Thursday, April 26, 2018 / Notices Services, 100 F Street NE, Washington, respond to, a collection of information II. Self-Regulatory Organization’s DC 20549–2736. unless it displays a currently valid Statement of the Purpose of, and Extension: control number. Statutory Basis for, the Proposed Rule Form 1–K, SEC File No. 270–662, OMB Please direct your written comments Change Control No. 3235–0720. to Pamela Dyson, Director/Chief In its filing with the Commission, the Notice is hereby given that, pursuant Information Officer, Securities and self-regulatory organization included to the Paperwork Reduction Act of 1995 Exchange Commission, c/o Remi Pavlik- statements concerning the purpose of, (44 U.S.C. 3501 et seq.), the Securities Simon, 100 F Street NE, Washington, and basis for, the proposed rule change and Exchange Commission DC 20549; or send an email to: PRA_ and discussed any comments it received (‘‘Commission’’) is soliciting comments Mailbox@sec.gov. on the proposed rule change. The text on the collection of information of those statements may be examined at Dated: April 23, 2018. summarized below. The Commission the places specified in Item IV below. Eduardo A. Aleman, The Exchange has prepared summaries, plans to submit this existing collection of information to the Office of Assistant Secretary. set forth in sections A, B, and C below, Management and Budget for extension [FR Doc. 2018–08817 Filed 4–25–18; 8:45 am] of the most significant parts of such and approval. BILLING CODE 8011–01–P statements. Form 1–K (17 CFR 239.91) is used to A. Self-Regulatory Organization’s file annual reports by Tier 2 issuers Statement of the Purpose of, and under Regulation A, an exemption from SECURITIES AND EXCHANGE Statutory Basis for, the Proposed Rule registration under the Securities Act of COMMISSION Change 1933 (15 U.S.C. 77a et seq.). Tier 2 issuers under Regulation A conducting 1. Purpose [Release No. 34–83074; File No. SR– offerings of up to $50 million within a NYSEArca–2018–24] The purpose of this filing is to modify 12-month period are required to file the Fee Schedule to adopt a prepayment Form 1–K. Form 1–K provides audited Self-Regulatory Organizations; NYSE incentive program for Floor Broker year-end financial statements and Arca, Inc.; Notice of Filing and organizations (each a ‘‘Floor Broker’’). information about the issuer’s business Immediate Effectiveness of Proposed Currently, Floor Brokers that operate operation, ownership, management, Rule Change To Amend the NYSE Arca on the Exchange incur certain monthly liquidity, capital resources and Options Fee Schedule fixed costs that rarely change from operations on an annual basis. In month-to-month (and, in some cases, addition, Part I of the Form 1–K collects April 20, 2018. year-to-year). Floor Brokers receive an information on any offerings under Pursuant to Section 19(b)(1) 1 of the invoice from the Exchange each month Regulation A that have been terminated Securities Exchange Act of 1934 (the for the fixed cost incurred the prior or completed unless it has been ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 month. The Exchange proposes to offer previous reported on Form 1–Z. The notice is hereby given that, on April 12, Floor Brokers a 10% discount on their purpose of the Form 1–K is to better 2018, NYSE Arca, Inc. (the ‘‘Exchange’’ ‘‘Eligible Fixed Costs’’ (described in the inform the public about companies that or ‘‘NYSE Arca’’) filed with the table below) if Floor Brokers prepay have conducted Tier 2 offerings under Securities and Exchange Commission such costs for the remaining nine Regulation A. We estimate that (the ‘‘Commission’’) the proposed rule months of 2018 —i.e., April through approximately 24 issuers file Form 1–K change as described in Items I, II, and December (the ‘‘FB Prepay Program’’ or annually. We estimate that Form 1–K III below, which Items have been ‘‘Program’’).5 takes approximately 600 hours to prepared by the self-regulatory prepare. We estimate that 75% of the organization. The Commission is Eligible Fixed Costs 600 hours per response (450 hours) is OTP trading participant rights. publishing this notice to solicit Floor Broker order capture device—market prepared by the company for a total comments on the proposed rule change data fees. annual burden of 10,800 hours (450.0 from interested persons. Floor booths. hours per response × 24 responses). Telephones. Written comments are invited on: (a) I. Self-Regulatory Organization’s Options floor access fee. Whether the proposed collection of Statement of the Terms of the Substance Wire services. information is necessary for the proper of the Proposed Rule Change Vendor equipment room/cabinet fee. performance of the functions of the agency, including whether the The Exchange proposes to amend the A Floor Broker that commits to the information will have practical utility; NYSE Arca Options Fee Schedule (‘‘Fee proposed Program would be invoiced in (b) the accuracy of the agency’s estimate Schedule’’). The Exchange proposes to April 2018 for its estimated Eligible of the burden imposed by the collection implement the fee change effective of information; (c) ways to enhance the April 12, 2018.4 The proposed rule 5 To participate in the FB Prepay Program, Floor quality, utility, and clarity of the change is available on the Exchange’s Broker organizations would have to notify the website at www.nyse.com, at the Exchange in writing by emailing optionsbilling@ information collected; and (d) ways to nyse.com, indicating a commitment to submit minimize the burden of the collection of principal office of the Exchange, and at prepayment, by no later than April 13, 2018. The information on respondents, including the Commission’s Public Reference email to enroll in the Program would have to through the use of automated collection Room. originate from an officer of the Floor Broker organization and, except as provided for below, amozie on DSK30RV082PROD with NOTICES techniques or other forms of information represents a binding commitment through the end 1 15 U.S.C. 78s(b)(1). technology. Consideration will be given of 2018. To participate in the Program, pre-payment 2 15 U.S.C. 78a. to comments and suggestions submitted 3 17 CFR 240.19b–4. for the balance of the year must be received by the in writing within 60 days of this close of business on April 30, 2018. See proposed 4 The Exchange originally filed to amend the Fee Fee Schedule, NYSE Arca OPTIONS: FLOOR and publication. Schedule on April 2, 2018 (SR–NYSEArca–2018– EQUIPMENT and CO–LOCATION FEES, FLOOR An agency may not conduct or 21) and withdrew and re-filed on April 3, 2018 (SR– BROKER FIXED COST PREPAYMENT INCENTIVE sponsor, and a person is not required to NYSEArca–2018–22). PROGRAM. VerDate Sep<11>2014 18:15 Apr 25, 2018 Jkt 244001 PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 E:\FR\FM\26APN1.SGM 26APN1


Document Created: 2018-11-02 08:20:28
Document Modified: 2018-11-02 08:20:28
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation83 FR 18373 
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